Terex (NYSE:TEX) Updates FY 2026 Earnings Guidance

Terex (NYSE:TEX) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.500-5.00 for the period, compared to the consensus EPS estimate of 5.560. The company issued revenue guidance of $7.5 billion-$8.1 billion, compared to the consensus revenue estimate of $5.6 billion.

Analyst Upgrades and Downgrades

TEX has been the subject of a number of research analyst reports. Raymond James Financial raised Terex from a “market perform” rating to an “outperform” rating and set a $70.00 price target for the company in a report on Monday, October 27th. Morgan Stanley raised Terex from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $47.00 to $60.00 in a research note on Wednesday, December 10th. Weiss Ratings restated a “hold (c)” rating on shares of Terex in a research note on Wednesday, January 21st. Citigroup lifted their price target on shares of Terex from $52.00 to $62.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, Wells Fargo & Company upped their price objective on shares of Terex from $50.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Terex has a consensus rating of “Moderate Buy” and a consensus target price of $59.90.

Terex Stock Performance

Shares of TEX stock opened at $59.26 on Wednesday. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 25.22, a PEG ratio of 5.55 and a beta of 1.68. The company has a current ratio of 2.15, a quick ratio of 1.20 and a debt-to-equity ratio of 1.28. The business’s 50-day moving average price is $56.67 and its 200-day moving average price is $52.55. Terex has a 12 month low of $31.53 and a 12 month high of $66.18.

Terex (NYSE:TEX) last issued its quarterly earnings data on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.01. Terex had a net margin of 2.92% and a return on equity of 15.93%. Terex has set its FY 2026 guidance at 4.500-5.00 EPS. Equities research analysts forecast that Terex will post 4.83 EPS for the current year.

Institutional Trading of Terex

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its position in Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 369 shares during the last quarter. Strs Ohio acquired a new stake in shares of Terex in the first quarter valued at about $30,000. Jones Financial Companies Lllp raised its position in shares of Terex by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock worth $132,000 after acquiring an additional 2,841 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of Terex in the third quarter worth approximately $206,000. Finally, Coldstream Capital Management Inc. acquired a new position in shares of Terex in the third quarter worth approximately $212,000. 92.88% of the stock is currently owned by institutional investors and hedge funds.

About Terex

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.